Posted by laughdieme77 > 2014-10-14 17:47 | Report Abuse

another 200pts down by down jones ka.

Posted by laughdieme77 > 2014-10-14 17:49 | Report Abuse

oil price sinking 1-2% everyday....

Posted by laughdieme77 > 2014-10-14 17:50 | Report Abuse

German investor morale tumbles as contraction looms
German investor morale fell sharply in October, new data showed on Tuesday.

Posted by laughdieme77 > 2014-10-14 18:15 | Report Abuse

Posted by laughdieme77 > Oct 14, 2014 06:13 PM | Report Abuse X

watch today europe, if German Dax or dj can recover from the latest negative news from German. then u have the bull intact. if not, u will see dj go down another 1000 pts, and ci go down to 1600 again.

Posted by laughdieme77 > 2014-10-14 18:18 | Report Abuse

godbless. bonus issue in a downtrend mkt is not a good deal.
it is a bad deal.

Posted by laughdieme77 > 2014-10-14 18:19 | Report Abuse

look at all recent bonus issue and see their price? all sinking nonstop.
it has to do with human psychology. since now they have more share, and mkt is bad, they will dump the "free share" into mkt to raise some cash or pay some losses.
at the end they still have same amount of share...

Posted by Jungjung > 2014-10-14 18:21 | Report Abuse

Looks like laugh die die haven't had his major laugh yet till he die. He is still laughing.the last laugh will be on himself before he mati

Posted by godbless88 > 2014-10-14 18:22 | Report Abuse

(1) Bonus Share for every five (5) existing Scicom Shares held on an entitlement date to be determined later ("Entitlement Date").

So basically, the key point here is when? If it proposed after the correction then should be better, maybe I'll tell them during AGM.

Posted by laughdieme77 > 2014-10-14 18:24 | Report Abuse

yes. u r right.

but now only propose stage ma. when the ex date maybe mkt turn good? since they nvr tell u the ex date yet.

Posted by godbless88 > 2014-10-14 18:26 | Report Abuse

Anyhow, I don't think the KLCI will plunge too deep even if the dow jones does.
Worst case scenario maybe 1725? I don't know, probably. This is due to KLCI is well supported by the local institution rather than the foreign ones, and the foreign institutions should pretty much done selling since August.

Posted by laughdieme77 > 2014-10-14 18:30 | Report Abuse

agree with u godbless, but 1600 is the real support that is proven.
also, we donno what other bad news is not being "released" based on the timing of big shark. they have started releasing fear factors 1,2,3 etc.

next fear factors they will play is global melt down due to ebola etc.

it all depends those big sharks they have shorted the market are they happy with what they have earned now? they will refrain from pushing down too drastic too, as it may attrack a sudden coordinated QE from few big central banks.

however, things may get out of hands. so called unintended consequences.

Posted by godbless88 > 2014-10-14 18:37 | Report Abuse

I'm not so concerned about others issues, as they should only be temporary. The only thing I'm most concerned is the QE issue, the QE is the real deal that is capable of triggering a crash. Q3 had cost the US government more money than precedented QEs, and now I'm wonder if they will or will not continue with it. If they don't, all eyes closed.

Posted by laughdieme77 > 2014-10-14 18:48 | Report Abuse

Posted by fortunebullz > Oct 14, 2014 06:47 PM | Report Abuse

German caught with Russia war problem! However, compare to 10 years ago, German export has increased explonationally! What you hear about Europe problem is closely tie to Russia war! It's simply a lobbyism drumming for QE!


yes, they r forcing ecb to pump free money into system.